First National Bank & Trust Co. of Newtown Has $22.79 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

First National Bank & Trust Co. of Newtown cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,581 shares of the company’s stock after selling 6,691 shares during the period. iShares Select Dividend ETF makes up approximately 4.8% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 5th biggest position. First National Bank & Trust Co. of Newtown owned approximately 0.12% of iShares Select Dividend ETF worth $22,789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in DVY. Banque Cantonale Vaudoise boosted its holdings in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares in the last quarter. JDM Financial Group LLC boosted its holdings in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in iShares Select Dividend ETF by 17.9% during the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after buying an additional 75 shares in the last quarter. Unionview LLC boosted its holdings in iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares in the last quarter. Finally, CMG Global Holdings LLC boosted its holdings in iShares Select Dividend ETF by 0.5% during the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $137.71 on Thursday. The stock has a market capitalization of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $114.88 and a 1-year high of $144.09. The company has a 50 day moving average price of $133.50 and a 200 day moving average price of $134.29.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.